Nepal’s stock market recorded a marginal gain on Monday, the second trading day of the week. The Nepal Stock Exchange (NEPSE) index increased by 4 points to close at 2,595, following a 17.15-point gain in the previous trading session.

Despite the slight improvement in the benchmark index, total turnover declined. Shares worth Rs 4.46 billion were traded on Monday, compared with Rs 4.83 billion in the previous session.

Of the companies traded, share prices of 105 companies increased, while 165 declined and seven remained unchanged. The banking and trading sectors led the gains, rising by 1.01% and 1.02%, respectively. Development banks gained 0.53%, finance companies 0.21%, and life insurance companies 0.05%.

Meanwhile, the hotel and tourism sector declined by 0.87%, hydropower by 0.46%, and the investment sector by 0.28%. Manufacturing and processing, non-life insurance, microfinance and other sectors also recorded losses.

Dhaulagiri Laghubitta posted the highest gain, rising 15%. Snow Rivers increased by 13.92%, followed by Bungkal Hydropower at 4.75% and Super Mai Hydropower at 3.98%. On the losing side, Ridgeline Energy fell 6.29%, while Taksar Pikhuwakhola Hydropower declined 5.42%. Kumari Bank, Ghalemdi Hydropower, Sahas Urja, Laxmi Sunrise Bank, Prime Commercial Bank, Global IME Bank and Himalayan Distillery were among the leading companies by turnover.